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15 Apr 2015, 22:01 (Ref:3527801) | #151 | ||||
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15 Apr 2015, 22:06 (Ref:3527804) | #152 | ||
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If I recall correctly, just prior to Silverstone Hindy mentioned that he was at Brabham's to talk about the progress of Project Brabham, when he accidentally got the news about Brabs' drive with ESM. So I suspect there's an announcement/big interview/inside programme coming from RLM.
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16 Apr 2015, 09:54 (Ref:3527886) | #153 | ||
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"Accidentally"? Did he rifle through the letters on Brabham's desk?
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16 Apr 2015, 11:46 (Ref:3527904) | #154 | |
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I have written my thoughts on this in prior posts, but with really nothing else being told to the public by this group, that I am aware of, all I can assume now, is that not enough "begging funding" was raised to fund the project and it isn't going to happen.
If so, what becomes of the money people did donate? Is there any accountability? Somewhere along the line, one would assume there has to be some legal regulations in place that govern something like this? Or is it allowed that basically anyone can promote a scheme like this for profit, be that unintentional or not, it is profit none the less if it was achieved in way of donations by the public, expecting to see something in return. Shame really and cannot imagine anyone can see it as having enhanced the Brabham name or reputation. |
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16 Apr 2015, 14:11 (Ref:3527942) | #155 | |||
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Didn't they reach what they wanted on the crowd funding site though. So surely they had enough to make ground, when you set an amount to reach you need a forecast and plan to go with it. |
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16 Apr 2015, 14:25 (Ref:3527953) | #156 | ||
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I don't think this will change their reputation to any direction though, the PR it created was so small to begin with that people will forget it quicky. Mass media didn't really pay much attention to it, evn the quick Caterham cash-in had more impact |
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23 Jun 2015, 04:52 (Ref:3553223) | #157 | |
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I read the interview with Brabham at Le Mans, and it would seem this project has become one of constantly variable goal posts
One has to wonder if it will ever see the light of day in any format? Perhaps I shall not hold my breath on that. |
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23 Jun 2015, 09:10 (Ref:3553259) | #158 | |
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I heard the interview and while it was obviously with a bit of PR spin, it did sound positive. He said enough money was raised to out together a workable and profitable business model and this is currently being circulated to potential sponsors and stakeholders. I can't recall exactly what the goals and milestones were, but it was a feasible proposition.
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23 Jun 2015, 15:53 (Ref:3553374) | #159 | ||
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right. Once you have collected enough money, say a quarter million pounds, paid yourself, and paid 500 to 5000 for a standard website, you potentially have money left, i.e., are profitable.
I've heard a bunch of nigerian princes try to meet up with David to crown him one of their own. Naturally these nigerian princes each have north of 500M pounds, they only need some account to transfer to! => Instant Brabham F1 |
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23 Jun 2015, 19:54 (Ref:3553434) | #160 | ||
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But I do not believe he is in the prince's league. I also do not believe that "charity racing" is demonstrating a real serious face to the world of your true desire to race. If right now, LMP2 is their stated goal and someone like Mr. Brabham, through his own pocket or business connections which one assumes after all of these years in the business, he must have? If he cannot raise enough funds/sponsorship to set up his own team now, then everything else he has said about doing LMP1, is merely a pipe dream, and then the whole project becomes questionable to my mind. |
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27 Nov 2015, 01:06 (Ref:3593550) | #161 | |
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Echo.
Echo. Has this... thing been put to it's grave already? Have the "supporters" got their behind-the-scenes extras as they we're promised? |
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27 Nov 2015, 08:52 (Ref:3593614) | #162 | ||
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Who could want more than the Official Certificate* ?
* That you have to print out yourself and write your own name on. |
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27 Nov 2015, 10:05 (Ref:3593622) | #163 | |
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A4 black and white stock picture of David Brabham that I can blu-tack on my toilet wall?
Perhaps accompanied by some darts? |
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27 Nov 2015, 11:46 (Ref:3593647) | #164 | ||
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There was a bit on mwm about a month ago. Sounded like still looking for money, except this time from investors, not fans contributing 20 dollars a pop.
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27 Nov 2015, 11:53 (Ref:3593648) | #165 | ||
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But its a trans-media fan-inclusive crowd-sourced jargon-powered imaginary race team!
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27 Nov 2015, 12:42 (Ref:3593655) | #166 | |
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Well, the yatch they bought with the fan money, they could always rent it to some rich gentlemen hobbyists for weekends, to aid the next crucial stage of funding: maintaining the yatch, and fueling it on regular basis. It's no use having it if you can't use it due to not wanting to spend your own pennies.
I hear the yatch is called "Thanks" |
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27 Nov 2015, 15:10 (Ref:3593673) | #167 | ||
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To be fair, their plans to build their own p2 car were stomped out by the ACO.
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27 Nov 2015, 16:08 (Ref:3593688) | #168 | ||
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Why doesn't he just take one of the four contracted chassis, develop bodywork for the car, run it in IMSA (did the IMSA P2 rules transfer to the ELMS as well?), paint in green and gold, and call it a Brabham.
Last edited by Dyson Mazda; 27 Nov 2015 at 16:29. |
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27 Nov 2015, 17:17 (Ref:3593698) | #169 | ||
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And if they don't have money (even after "succeeding the first stage of funding") to get some old Courage Oreca or whatever, how where they ever planning to build something of their own in any capacity... |
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1 Dec 2015, 14:42 (Ref:3594748) | #170 | |
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David Brabham is perceptive, genuine, candid, and driven in his talking. However many donors had sort of reached a saturation point. If he doesn't start running cars I know many people that will ask their cash back!
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1 Dec 2015, 18:02 (Ref:3594814) | #171 | |
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Seems like this was a big thing couple of weeks ago, one year anniversary?
https://mobile.twitter.com/BrabhamOf...76401675038720 Anyway, since the last post, apparently there is now "progression", as "most likely" they could rent some P2 for partial 2016 season, ahead of "potential" 2017 campaign. http://www.dailysportscar.com/2015/1...ng-likely.html Meanwhile, the new technical advisor has lots to say about the much talked innovation and unrivaled access the team is about to bring to the table, if the "hopes" of actually getting to the track materialize http://www.brabham-digital.com/blog/...hine-Learning/ "I'm confident" "Me too" "As am I" |
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1 Dec 2015, 18:33 (Ref:3594823) | #172 | ||
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Sadly I think the ACO has killed this project. When Hindy interviewed David a few weeks back, it seemed as if they've made no progress other than still "looking for partners"
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1 Dec 2015, 18:40 (Ref:3594824) | #173 | |
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I've blamed ACO on number of occassions similar to this, and certainly the LMP2 evolution is a fiasco in general, but as I sort of referenced couple of posts earlier, I really cannot here. Brabs wouldn't have even half the dime for that as for some rental (which even that still is utopia)
But hey, guess some people still expect them to be on F1? https://mobile.twitter.com/BrabhamOf...63100878729216 |
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1 Dec 2015, 18:42 (Ref:3594825) | #174 | |
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Sorry don't believe new LMP2 rules damaged this project.
Building a LMP2 car from scratch requires more resources than just running a hired or purchased LMP2 car. |
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1 Dec 2015, 22:55 (Ref:3594876) | #175 | |
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Agreed, this project seems to be low on funding, that is the main problem.
I don't think you can crowd-fund racing teams/cars. Perrin tried it and it didn't work and it won't work for Brabham either. There's simply not enough incentive for people to put large amounts of money into it and the bit you can get from enthusiastic fans isn't nearly enough to get such a program off the ground. |
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